The manufacturing licences of three auto companies have been suspended in Pakistan over failure to achieve the export targets. The Ministry of Industries and Production suspended manufacturing licences of three car and auto part makers over different genres of violations. The auto firms did not increase the local production of the cars, whereas, they also failed to meet 2% export targets, said sources, adding that the car makers are bound to produce vehicles and spare parts locally.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

ملتان سے پی ٹی آیی ایم این اے کا کپتان سے عجیب مطالبہ

ملتان: ملتان سے پی ٹی آیی ایم این اے نے کپتان سے…

FO reveals cause of Kohistan Blast

Nine Chinese and three Pakistanis died in Kohistan when their bus plunged…

Japan puts the brakes on lucrative used-car trade with Russia

Japan’s move to bar most used-car sales to Russia slammed the brakes…

PM Imran Khan inaugurates Green Line Bus

Karachi: On Friday, Prime Minister Imran Khan formally inaugurated the Green Line…